FINANCIAL CONCERNS AND REQUIREMENTS OF WOMEN ENTREPRENEURS

The level of employment, its composition and growth are important indicators of the process of development in any economy. The decision to work, especially among women is a function of a variety of economic, social and cultural factors. Recent Government reports have shown that the participation of women in the labor market activities has not only been low but declining. Entrepreneurship extends income earning opportunities to women belonging to different class structures. Availability of finance is very crucial to the growth of women entrepreneurship. A study of Muslim women entrepreneurs was conducted to highlight problems faced by them. The present paper brings out the financial concerns and requirements of these entrepreneurs. Cumbersome procedures are high interest rates are the main issues faced in relation to access to finance. Alternative modes of financing and simplified procedures will help in reducing their financial duress. Key words: Financial concerns, interest rates, entrepreneurship